Stocks end higher on both bourses

HA NOI (VNS) — Foreign investors were net buyers on the HCM City exchange and net sellers on the Ha Noi bourse yesterday as both markets closed higher.

On the HCM City market, foreign investors improved their total buying-selling value by 79.3 per cent to end at VND23.82 billion ($1.1 million), with 478,640 more shares bought than sold.

On the Ha Noi stock market, however, foreign investors' selling activity increased over Monday's session, closing the day selling shares amounting to VND7.66 billion ($365,000) more than they bought, with a total buying-selling volume of 1.85 million shares.

Overall, both markets traded a total volume of more than 145 million shares with a total value of VND2.31 trillion ($110.4 million).

On the HCM City Stock Exchange, the VN-Index gained 0.21 per cent to finish at 589.66 points. The total market turnover was VND1.77 trillion ($84.5 million) with a volume of more than 105 million shares. The market improved its performance with 103 stocks advancing, 97 declining and 81 remaining static.

The FLC Group Joint Stock Company (FLC) tripled its trading volume to 30.8 million shares, remaining the most active code, and reached a total trading value of VND357.4 billion ($17 million).

The Consultancy Design and Urban Development JSC (CDO) had the largest increase in share price, rising by 6.67 per cent to VND19,200. Thac Mo Hydro Power Joint Stock Company (TMP)'s share price saw the largest declines in value, dropping 6.92 per cent to VND28,900.

The VN30 Index, tracking the 30 largest stocks in terms of capitalisation and liquidity, rose slightly by 0.04 per cent to end at 621.1 points.

The southern market's VNMID Index, which captures the performance of mid-cap shares, increased slightly by 0.01 points to close yesterday at 657.49 points. It's VNSML Index, which observes the performance of small-cap shares, did not fare as well, decreasing by 0.12 per cent to 693.73 points.

On the Ha Noi Stock Exchange, the HNX-Index gained 0.54 per cent to finish at 86.36 points. The market saw both liquidity and trading volume increase slightly by 4.8 per cent to 39.9 million shares and by 9.9 per cent to VND543.5 billion ($25.9 million) respectively.

KLF International Investment Joint Stock Company (KLF) recorded the largest trading volume of more than 6.2 million shares, however only amounted to a total trading value of VND66.7 billion ($3.2 million).

The FIT Investment Joint Stock Company (FIT) topped the northern market in total trading value with VND91.9 billion ($4.4 million).

The HNX30 Index, comprising the northern bourse's 30 largest shares, gained 0.51 per cent to close at 166.23 points. HNX30 also saw an increase in activity with more than VND353 billion ($16.8 million) in trading value and nearly 23.6 million shares in trading volume. — VNS